6201 Ranchester Dr APT 29HoustonTX77036
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Houston at 6201 Ranchester Dr APT 29, Houston, TX, 77036 offers a 9.03% rental yield on a $153,000 purchase with $1,151/mo rent. Total monthly income registers $1,151/mo, and a $749/mo payment leaves $63/mo available for distribution. Annual cash flow reaches $754/yr on $50,720 to close, and return on cash invested stands at 21.4% in year one. Equity gained on principal adds $987/yr while 5% annual appreciation supports $42,271 over five years. Portfolio math shows five-year ROI at 112.03% and total cumulative return in cash at $56,820. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,151/mo property income against a $749/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1972
2.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77036, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,980 (100%) |
| Owner Occupied HU | 5,246 (16.4%) |
| Renter Occupied HU | 24,101 (75.4%) |
| Vacant Housing Units | 2,633 ( 8.2%) |
| Median Home Value | $255,723 |
| Average Home Value | $275,133 |
Housing Distribution
Address Breakdown
Residential
29,653
Single Family
5,779
Multi-Family
23,874
Businesses
5,229
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